Valuation of CareTech’s property portfolio reaches £930m

Farouq Sheikh, CareTech executive chairman

CareTech’s property portfolio has been valued at £930m, an increase of 20% since its last estimate in September 2018 (£774m). The valuation of 407 freehold and long leasehold sites, which was carried out by Knight Frank, was released in a pre-close trading update for the year ended 30 September 2021. The provider of specialist social…

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